{"id":49647,"date":"2023-08-09T16:21:28","date_gmt":"2023-08-09T16:21:28","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion"},"modified":"2023-08-09T16:49:54","modified_gmt":"2023-08-09T16:49:54","slug":"customer-deposits-for-apple-savings-account-hits-us10-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion","title":{"rendered":"Customer Deposits for Apple Savings Account Hits US$10 billion"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Rwanda. <\/strong><\/span>Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer deposits, the technology giant has said.<\/p>\n<p>The deposit account, which was launched in April, lets Apple Card users earn an annual percentage yield of 4.15% on savings accounts.<\/p>\n<p>US lenders have had to offer higher rates on customer deposits to prevent clients from moving their funds to other high-yield alternatives, especially after an industry crisis earlier this year shook customers\u2019 faith in the financial health of banks.<\/p>\n<p>In March, Apple also launched its \u201cbuy now, pay later\u201d (BNPL) service in the US, expanding its footprint in the fintech space.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/rwanda\">Rwanda<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Rwanda. Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer deposits, the technology giant has said. The deposit account, which was launched in April, lets Apple Card users earn an annual percentage yield of 4.15% on savings accounts. US lenders have had to offer higher rates [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":49646,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,31],"tags":[760,763,758],"class_list":["post-49647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Customer Deposits for Apple Savings Account Hits US$10 billion - Rwanda<\/title>\n<meta name=\"description\" content=\"Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer depos ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Customer Deposits for Apple Savings Account Hits US$10 billion\" \/>\n<meta property=\"og:description\" content=\"Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer depos ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-09T16:21:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-09T16:49:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2023\/08\/sm_1691587045.336659.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Customer Deposits for Apple Savings Account Hits US$10 billion\",\"datePublished\":\"2023-08-09T16:21:28+00:00\",\"dateModified\":\"2023-08-09T16:49:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\"},\"wordCount\":127,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2023\/08\/sm_1691587045.336659.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\",\"name\":\"Customer Deposits for Apple Savings Account Hits US$10 billion - 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